What is the effect on the volume and terms of trade


Problem

What is the effect on the volume and terms of trade if a nation's offer curve shifts or rotates toward the axis measuring its exportable commodity? What type of growth and/or change in tastes in the nation will cause its offer curve to shift or rotate this way?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the effect on the volume and terms of trade
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